When we think of disruptive forces in the global economy, we often think of technological breakthroughs. Of ever-tinier and more powerful computer chips; of medical miracles in implantable devices, surgeries or pills; of digital platforms that threaten the taxi industry, the brick-and-mortar retail sector, the hospitality industry.
We don’t often think of oil.
We should.
Oil is changing the world order, and more rapidly than is initially apparent.
